What Is A Pawn?
What is a pawn?
A pawn is a short-term collateral loan. They are open ended loans that can be renewed every 30 days and redeemed at any time. There is no requirement to pay back a pawn. You can have 1 or 100 pawns at any time, if you do not want your collateral back then you have essentially sold the item and are welcome to pawn again.
A pawn is useful for when you need cash, quickly. Whether you need cash to make payroll, pay a bill, buy a new ring, put food on the table, or just to spend the day on the beach, a pawn is a quick and simple solution for any cash need.
Payday loan vs Pawn
Unlike a pawn, you are obligated to repay a payday loan. Payday loan agencies will do what is in their power to collect repayment. Payday loan users get caught in a cycle of borrowing and repaying with no end in sight.
We do not offer payday loans, because we believe a pawn is infinitely more convenient and user friendly.
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Have questions?
Call us at 778-478-0929
Email: bishoppawnkelowna@gmail.com
Text: 250-859-7999